The Pac-12 painted a cheery financial picture Friday, saying it paid each of its schools $32.2 million in 2018-19, an increase of 9% from the previous year.
But there’s a few items also worth noting here.
For one, the payout is only the fourth-most among major conferences, far behind the Big Ten (estimated at $56 million), SEC ($45.3 million) and Big 12 ($33.8 million).
For another, according to the San Jose Mercury News, the Pac-12 reported per-school payouts of $31.3 million in 2017-18 in its tax filings, possibly because reserves were used, meaning it gave each of its schools only 2.